Blizzard 2010 Annual Report Download - page 87

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75
EXPLANATORY NOTE
On July 9, 2008, a business combination (the “Business Combination”) by and among Activision, Inc., Sego Merger
Corporation, a wholly-owned subsidiary of Activision, Inc., Vivendi S.A. (“Vivendi”), VGAC LLC, a wholly- owned
subsidiary of Vivendi , and Vivendi Games, Inc. (“Vivendi Games”), a wholly-owned subsidiary of VGAC LLC, was
consummated. As a result of the consummation of the Business Combination, Activision, Inc. was renamed Activision
Blizzard, Inc. (“Activision Blizzard”). For accounting purposes, the Business Combination is treated as a “reverse
acquisition,” with Vivendi Games deemed to be the acquirer. The historical financial statements of Activision Blizzard, Inc.
prior to July 10, 2008 are those of Vivendi Games, Inc.
CAUTIONARY STATEMENT
This Annual Report contains, or incorporates by reference, certain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Such statements consist of any statement other than a recitation of
historical fact and include, but are not limited to: (1) projections of revenues, expenses, income or loss, earnings or loss per
share, cash flow or other financial items; (2) statements of our plans and objectives, including those relating to product
releases; (3) statements of future economic performance; and (4) statements of assumptions underlying such statements. We
generally use words such as “outlook,” “forecast,” “will,” “could,” “should,” “would,” “to be,” “plans,” “believes,”
“may,” “expects,” “intends,” “anticipates,” “estimate,” “future,” “positioned,” “potential,” “project,” “remain,”
“scheduled,” “set to,” “subject to,” “upcoming” and other similar expressions to help identify forward-looking statements.
Forward-looking statements are subject to business and economic risk, reflect management’s current expectations, estimates
and projections about our business, and are inherently uncertain and difficult to predict. Our actual results could differ
materially. The forward-looking statements contained herein speak only at the date on which our Form 10-K was first filed.
Some of the risk factors that could cause our actual results to differ from those stated in forward-looking statements can be
found in “Risk Factors” included in Part I, Item 1A of our Annual Report on Form 10-K. The forward-looking statements
contained herein are based upon information available to us as of the date of our Annual Report on Form 10-K and we
assume no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when
made may ultimately prove to be incorrect. These statements are not guarantees of our future performance and are subject to
risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially
from current expectations.
Activision Blizzard’s names, abbreviations thereof, logos, and product and service designators are all either the
registered or unregistered trademarks or trade names of Activision Blizzard.